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What Does the DTI Mean and Why is it Important for Creditworthiness?What Does the DTI Mean and Why is it Important for Creditworthiness?

Everyone who applies for a mortgage must know that their creditworthiness has a great influence on the result of a loan decision. A negative response to an application is most often caused by a low level of DTI. Banking institutions pay special attention to DTI, which is why its knowledge is so important. Are you […]

Quick Payday Loans: Keys for millennials to use without dying in the attemptQuick Payday Loans: Keys for millennials to use without dying in the attempt

We would all like to be able to pay all our expenses, without ever having to borrow. However, in some cases, what is best for us to meet our goals or face a situation is to use a loan. What happens when the car does not start, lost some college books, damaged the water heater […]

What determines your credit standingWhat determines your credit standing

What is credit standing? Let’s start from the beginning, so by defining what creditworthiness really is. The creditworthiness determines, on the basis of several factors, the possibility of timely repayment of the obligation, i.e. repayment of the loan installments. It depends on the creditworthiness whether the bank or lending company decides to grant the requested […]